Cyber Security Insurance
- Cyber-extortion during the attack
- Post-attack remedies
- Loss of business data
- Loss of income and recovery coats
How it works
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Why Cyber Security Insurance?
In general, cyber insurance covers your company’s liability if sensitive customer information is breached. The information includes social security numbers, credit card numbers, account numbers, driver’s license numbers, and health records.
Cyber security may also be referred to as information technology security. It aims to reduce the risk of cyber-attacks and protect against the unauthorised exploitation of systems, networks, and technologies.
Key Benefits
Cyber-extortion
- Investigating the extortion threat and settling the extortion demand costs
Business Interruption
- Loss of business data caused by a cyber incident.
- Loss due to a network security failure.
Loss of Income
- Incurred from network outage.
- Suspended due to a failure of network security.
Frequently asked questions
Who needs cyber security insurance ?
Cyber security insurance is an essential for any business that deals with data that can identify a person or anything related to IT.
What constitutes a cyber-attack?
Cyber-attacks occur when an outside source infiltrates your business’s private network to steal the sensitive data of your employees or clients. The information could be used for ransom or disseminated to the general public if stolen.
What do I need to do in the event of a claim?
You should notify the police within 48 hours of the occurrence if you believe your identity has been stolen or you have been bullied online before you contact Asure Insurance Agency Assistance at +65 8823 8181 to make a claim.
Will my cyber security insurance protect me if an employee caused the attack?
Yes. It covers you if an employee has caused a malware or phishing attack (or other network breaches).